Stenprop Share Discussion Threads

[rcktmn] 23/10/2008 07:16

Be surprised if this doesn't go down today!... the markets are due for another hammering !... hope I'm wrong of course!

[kindlm] 23/10/2008 07:13

If this goes up today , we will pass 1.3 and head straight to 2p.

[profiting] 22/10/2008 23:24

Couldn't resist and topped up another 70,000 as still value for money and are beginning to get some coverage.

[doomsday investments] 22/10/2008 08:33

If we're going to use this thread can we have the graphs added to the top please?

[martin44] 22/10/2008 08:13

Good News Spiritel in the Company at a glance in the Daily Mail Financial pages this morning, it did refer to the ailing debt being converted to shares with Penta Capital but they often report incorrectly, however any news should promote the company.

[martin44] 22/10/2008 08:10

I feel a lot of good news to come in the forthcoming weeks......

[tara7] 22/10/2008 08:05

Stp, up on the open, about to buy the 7th new company in under 2 years, should get news in the next week or two.

[profiting] 22/10/2008 00:25

8trader agree in ideal world but difficult share to trade as moves too quickly on news as shown today much better to buy cheap...ish and hold for long term increase.

IMHO difficult to see why directors and creditor would in effect buy now if company was not moving in the right direction.I don't see these going back below 1p.

[8trader] 21/10/2008 15:36

Bad timing on that sale yesterday for the seller.

JTK.

I agree with the debt here but posters like Tara ignore it, still a
good company, i'd hold back if i was looking to buy, the online limits
suggest you will pick them up below 1p if anybody tries to dump anything
of size.

Overall it's a buy on weakness, it's been a kind stock to me in the past
but buy when there's stock around much cheaper and sell when the mm's are
chasing up the price and short.

[tara7] 21/10/2008 13:12

Just one MM now on the offer

[kindlm] 21/10/2008 10:06

Looking good, think i might add some more, if directors are buying they must have confidence in the company, especially if they think these share price is cheap

[profiting] 21/10/2008 09:20

Tempted to add as now Penta along with directors believe that current price substantially undervalues the business.aimho.

[james t kirk] 21/10/2008 08:08

Online limits

Buy 500k @ 1.15p
Sell 25k @ 1.02p

Some people think debt's not important, and yes it does relate to exp

[loafy] 21/10/2008 07:59

I don't believe it!

for once I got my timing right and bought (only 92k) in here yesterday

[katieprice] 21/10/2008 07:58

I agree

Will see this back at 2p end of the week!

KP

[sagem] 21/10/2008 07:57

This must be the best stock on the market and deserves a much hugher share price.

[tara7] 21/10/2008 07:52

Some here have a poor understanding of the debt, first Penta gain only if profits and the share price rise, so as the company grows the placing price for the shares goes up, and the new shares will do very well for the new shareholders. The debt from Penta will not be called in, and is interest free. The bank loans are for yet more growth, here, the bank wants to lend the company money, unlike many , where the bank wants it back.!!

[james t kirk] 21/10/2008 07:22

The problem here seems to be the huge levels of debt. For a company worth 6.5m they have £8m debt with Penta and £2.7m debt with Clydesdale Bank. Although Penta aren't charging interest, they did take £3.1m in fees in the last results.

It's good to see Penta converting more of the debt to shares at 1.5p, but even so the debt levels will need to reduce this year out of profits.

[martin44] 20/10/2008 21:23

Yes it will not be long now until this significantly turns I am keen for more....

[tara7] 20/10/2008 16:08

This points to a seller wanting out, good luck to them, but, it only proves that now is the time to mop this lot up.

[8trader] 20/10/2008 15:53

Offering 500k at 0.95p which is not surprising when somebody dumped
well below the market price today.

[kindlm] 17/10/2008 11:57

Thanks Tara. Nice to see Directors buying.